Bessemer, NC self-storage market

Population 5,580. Passes the self-storage screen with 18 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
18 / 100Pass

Passes the screen

0Population 5,580: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
0Population +2% since 2015-2019: flat (within 2%), ok
+8Renters 34%: 30% to 40%, good
-1028 storage facilities within 10 mi (8 chain): 11+, penalty
-108 chain or REIT facilities within 10 mi
+15Supply 4.4 sq ft per person (529,619 sq ft / market population 119,638, 75% of facilities sized): under 7 sq ft, best
18Total, out of 100
Storage sq ft per person, 10 miles
4.4
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,580
Residents of the Census place, ACS 5-year 2020 to 2024. 119,638 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,300
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 8 of them are chains or REITs.
Facilities whose nearest town is Bessemer
5
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Bessemer

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
1651 Self StorageBessemer, NCIndependent160MembersMembersMembersMembers
Extra Space StorageBessemer, NCChain or REIT366MembersMembersMembersMembers
Family Storage CenterBessemer, NCIndependent25MembersMembersMembersMembers
Granny's Self StorageBessemer, NCIndependent158MembersMembersMembersMembers
Linwood Self StorageBessemer, NCIndependent32MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 5 of 5 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Kings Mountain NC5 mi20 / 100Pass
Dallas NC6 mi33 / 100Pass
Ranlo NC9 mi43 / 100Pass
Cherryville NC9 mi1 / 100Fail
Lowell NC10 mi23 / 100Pass
Stanley NC12 mi40 / 100Pass

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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